Lottery Games and Risky Technologies: Communications About Low‐Probability/High‐Consequence Events

Jeryl L. Mumpower

Risk Analysis, 1988, vol. 8, issue 2, 231-235

Abstract: There are strong structural similarities between risks from technological hazards and big‐purse state lottery games. Risks from technological hazards are often described as low‐probability, high‐consequence negative events. State lotteries could be equally well characterized as low‐probability, high‐consequence positive events. Typical communications about state lotteries provide a virtual strategic textbook for opponents of risky technologies. The same techniques can be used to sell lottery tickets or “sell” opposition to risky technologies. Eight basic principles are enumerated.

Date: 1988
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/j.1539-6924.1988.tb01176.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:riskan:v:8:y:1988:i:2:p:231-235

Access Statistics for this article

More articles in Risk Analysis from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().